Russian Federation—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #64 of 192Updated August 2026
Latest Value
-2.8%
2031
YoY Change
-12.0%
2030 → 2031
Global Rank
#64
of 192 countries
Maximum
7.8%
2006
Minimum
-5.9%
2009
Last
-2.8%
Previous
-2.5%
Highest
7.8%
Lowest
-5.9%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Russian Federation's fiscal balance (% of GDP) was -2.0% in 2026, ranking #64 out of 192 countries. This represents a -12.0% change from 2030. Over the past 27 years, the highest recorded value was 7.8% (2006) and the lowest was -5.9% (2009). The IMF WEO projects -2.8% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -2.8% | -12.0% |
| 2030 | -2.5% | -4.2% |
| 2029 | -2.4% | +22.6% |
| 2028 | -3.1% | -29.2% |
| 2027 | -2.4% | -20.0% |
| 2026 | -2.0% | +48.7% |
| 2025 | -3.9% | -143.7% |
| 2024 | -1.6% | +27.3% |
| 2023 | -2.2% | -69.2% |
| 2022 | -1.3% | -262.5% |
| 2021 | 0.8% | +120.0% |
| 2020 | -4.0% | -310.5% |
| 2019 | 1.9% | -34.5% |
| 2018 | 2.9% | +293.3% |
| 2017 | -1.5% | +59.5% |
| 2016 | -3.7% | -8.8% |
| 2015 | -3.4% | -209.1% |
| 2014 | -1.1% | +8.3% |
| 2013 | -1.2% | -400.0% |
| 2012 | 0.4% | -71.4% |
| 2011 | 1.4% | +143.7% |
| 2010 | -3.2% | +45.8% |
| 2009 | -5.9% | -231.1% |
| 2008 | 4.5% | -19.6% |
| 2007 | 5.6% | -28.2% |
| 2006 | 7.8% | +2.6% |
| 2005 | 7.6% | +65.2% |
| 2004 | 4.6% | +228.6% |
| 2003 | 1.4% | +100.0% |
| 2002 | 0.7% | -76.7% |
| 2001 | 3.0% | -3.2% |
| 2000 | 3.1% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -2.0% | +48.7% |
| 2027Forecast | -2.4% | -20.0% |
| 2028Forecast | -3.1% | -29.2% |
| 2029Forecast | -2.4% | +22.6% |
| 2030Forecast | -2.5% | -4.2% |
| 2031Forecast | -2.8% | -12.0% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP